Buying your first home is one of the biggest purchases you will make, which makes it one of the most important financial decisions in your life. Sitting with Leigh in this episode is Jeff Noble, a managing director of Integra Wealth Solutions. Together, they break down the fundamentals of saving and investment, the importance of financial literacy, and the relationship between finance and real estate.

This episode will help you gain a fresh perspective on the property market through the lens of a finance expert.

Join Leigh and finance expert Jeff as they dive deep into essential topics that will guide you on your journey to homeownership:

• Finance Management Tips: Discover effective ways to manage your finances, ensuring you're prepared for different scenarios in life. 💰
• Setting Financial Goals: Learn how to set achievable financial goals. 🎯
• The Magic of Compound Interest: Discover how compound interest can work in your favor.
• Navigating Home Buying Challenges: Gain insights into common challenges first-time home buyers face and how to overcome them. 🏡
• Future of Home Buying: The property landscape in the next ten years and how to prepare yourself for it.

Whether you're just starting to learn about financial independence or actively saving for your first home, this episode is filled with valuable knowledge and inspiration. By understanding the financial landscape, you can make informed decisions that lead to a secure and stable future for you and your family.

CHAPTER TIMESTAMPS:

00:00 Guest Introduction

01:52 What is a Tax Haven?

02:40 Finance Management

05:53 Jeff's Career

09:57 COVID in Melbourne

12:37 Opportunities in Melbourne

14:57 Work Culture in Singapore

17:15 How Jeff got into Finance

19:43 How to model financial success

25:43 Mentors

26:38 The power of repetition

30:07 Preparing yourself for opportunities

31:44 Setting Financial Goals

34:28 Advice for Savings

38:11 The effect of consistent savings

39:03 Compound Interest

42:54 Generational Challenges with Home Buying

45:10 Overcoming Home Buying Challenges

46:08 Getting your foot into the market

47:47 Home Buying in 10 years

57:52 First Home

01:00:07 Home Buying Pressures

01:02:24 Forever Home

01:03:37 First Home Buying Advice

Everybody wants a secure future, but not everybody knows how to do it. 🌟

In this week's episode, Leigh and James Fitzgerald, the managing director of Queensland's largest land developers - JLF Group of Companies, dive into important aspects of financial literacy, the fundamentals of saving and investing, and how your first home paves the way for security and stability. 🏡💰

This episode discusses the following topics:

• The Importance of having a mentor 🤝
• How to overcome home-buying fears
• The basics of saving and investing
• How to navigate the Australian Land Crisis

Whether you're still learning about financial independence or are already working towards it, this episode is filled with knowledge and inspiration to help you take control of your future. 💪✨

CHAPTER TIMESTAMPS: 0:00 - 12:08 Getting to know James

12:10 - 15:23 Finding a mentor

15:24 - 18:56 The secret to success

19:27 - 21:28 What do you want in life?

21:36 - 27:28 Getting over the first home buying fear

27:28 - 33:29 The Basics of Handling Money

33:29 - 37:24 Financial Literacy

38:08 - 41:22 Perspectives on Money

41:44 - 44:49 Being a First Home Owner

44:51 - 45:22 Being an investor

45:22 - 49:29 Financial Independence

49:30 - 59:40 Australian Land Crisis

59:40 - 01:01:49 First Home Buyer Advice

01:01:50 - 01:02:03 - Closing remarks

Will property prices keep going up? 🤔 This is a question we've all asked more than once. In this episode of First Home Foundations, we dive deep into the land and development market to uncover the truth. 🔍 Learn how COVID-19 has impacted prices, understand the latest trends shaping the home buying landscape, and discover expert tips for navigating the process. 🏡

This episode will explore:

• The impact of COVID-19 on the property market: How has the pandemic affected prices and demand?
• The current state of land supply: Is there enough land to meet the growing demand for housing?
• Expert tips for navigating the home buying process: Learn from the mistakes of others and make informed decisions.

By having a better understanding of the hidden world of land and development, you will be able to make informed decisions about your home purchase. Discover the factors driving property prices, understand the role of land supply, and learn about the latest trends in property.

Chapter Timestamps

0:00 Getting to know the guest

03:19 Investing in Managed Funds

06:05 Investing in Property

09:13 Lessons in Property

12:20 Purchasing Land

15:10 The effect of COVID in Melbourne

18:39 First Home Buying in Melbourne

20:55 Helping First Home Buyers

23:05 Prices in SE Queensland Properties

25:57 Land Supply

29:24 Property Prices Trend

38:01 Working with Builders

43:04 Build Quality of Homes

48:43 The importance of experts

52:29 Buying your First Home

57:18 Michael's Home Buying Journey

Despite its massive landmass, Australia is grappling with a land supply shortage that's impacting home buyers nationwide. Why is this happening?

In this eye-opening episode of First Home Foundations, Leigh sits down with Mitchell Scale, a National Acquisitions Manager, to break down the land development scene.

This episode talks about the following topics:

• The root causes of the land supply issue
• Key differences between units, townhouses, and new builds
• Essential contract clauses every first-time buyer should know

With a better understanding about land development, you will be better equipped with the knowledge to navigate the home buying process, position yourself better to deal with land development agents, and make informed decisions for your dream home.

🎧 Subscribe to First Home Foundations and find out how to turn your home-buying dreams into reality!

Episode Chapters

00:00 Getting to know the Mitchell Scale

03:05 Takeaways of being in property

04:36 Units and Townhouses

07:33 Disadvantage of A Unit or Townhouse

09:26 Unconditional Contract

11:15 Finance Clauses

12:55 Struggles for Developers

17:38 Australian Housing Crisis

18:56 Increasing House Demand

19:40 Immigration

24:26 How Immigration Helps Australia

29:34 Inflation

34:48 Housing Supply Problems

38:03 The First Home Specialists Process

43:04 Do developers hold back blocks?

44:30 Land Shortage

49:34 The Solution to Land Supply

51:13 Home Buying Journey

56:43 Saving for a home

56:15 Getting into the property market

01:05:07 The Emotional Journey of First Home Buying

01:09:33 When should you buy your property?

01:13:14 Buying a home with a low deposit

01:13:52 Investment Property

01:18:10 First Home Buying Advice

Buying your first home is more than just a financial decision—it’s a major relationship milestone. Bella and Sam discovered this first-hand when they embarked on their home-buying journey. In this episode, Leigh dives deep into their experience, exploring the challenges they faced, the compromises they made, and how they overcame doubts to secure their dream home.

Throughout the episode, you'll be able to understand:

• How to align your financial and emotional goals as a couple
• The real conversations you need to have before buying a home
• Strategies for turning doubts into opportunities

If you're a couple about to buy their first home, then this is the episode for you. Discover the raw, real experiences of Bella and Sam as they navigate the ups and downs of their home-buying journey. Uncover practical tips and heartfelt advice that will empower you to tackle challenges together, deepen your connection, and transform your dream home into a reality.

🎧 Subscribe to First Home Foundations and find out how to turn your home-buying dreams into reality!

Chapters:

00:00 Getting to know the guests

27:50 Bella and Sam's Home Buying Journey

29:50 Paying off Credit Card Debts

32:05 Overcoming the Credit Card Debt Hurdle

35:28 Money Habits

42:28 Finances in relationships

47:10 Exploring Affordability

49:15 Pressures from Friends and Family

57:29 Navigating through the fear and pressure

59:51 First Home Buying Compromise

01:03:37 First Home Reactions

01:06:17 Buying a home is difficult but not impossible

01:10:33 Wrapping up

In this episode Queensland’s 8th largest builder, Tom Egan of Avia Homes joins the podcast.

Tom shares industry insider secrets that every First Home Buyer should know, the biggest mistakes to avoid as well as a candid look at how he rose from humble beginnings to become a one of the biggest builders in Queensland.

If you are a First Home Buyer considering building a new home this episode is a must listen.

In this episode of the First Home Foundations Podcast, Leigh sits down with Tim Reed, former Ironman 70.3 World Champion, as he shares his journey to homeownership.

Discover the common challenges faced by first home buyers, from securing a home loan to navigating the housing market. Gain valuable insights from Tim's experience transitioning from first home buyer to owner, and learn how your first home can be a stepping stone to your dream home.

Delve into the Australian Housing Crisis with Leigh and Tim, exploring its impact and forming your own opinions on the matter.

Tune in for a discussion that offers practical advice and valuable perspectives on First Home Buying.